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The quarter-on-quarter annualised GDP growth has come in weaker than expected. The market was looking to a decline of some -0.2%, with the print coming in somewhat worse at -0.6%. Another negative quarter shows us once again that the economy is not really going anywhere at this point.
After its second quarter rebound, the SA economy ground to a halt in the third quarter.
Believe it or not, but it is December already. Barring a surprise Christmas rally or a visit from the Market Grinch, we have a reasonably good idea what the calendar year returns for 2019 should be.
“Should I invest offshore?” is a question many South African investors are grappling with today.
The strongest deterrent against FSP compliance missteps is or should be: